It's not much of a stretch at all. There are already normal businesses that can't buy normal equipment at normal prices (or can't buy it at all) right now because the supply chain has been redirected to a small number of businesses that can only afford to drain the pipeline like that because of the astronomical scale of speculative investment they've received. Similarly there already individuals who can't buy normal equipment for their own use.

This situation is harmful both economically and for basic quality of life. It is rational - and probably now necessary - for governments to intervene to counter the market distortion and ensure the continued availability of normal products to everyone else.

I am fully aware that the West regulating here would potentially undermine the VC investment model that these big tech firms are relying on. I have no problem with this. Business entities are legal fictions that we allow to exist for the benefit of real people. If the behaviour of those entities is harmful to real people - and I don't think anyone can credibly claim otherwise in this case - then it's time to change the rules they operate under.